Resolution 030234
Agreeing to participate in the "Progress Plaza Tax Increment Financing District," if it should be created by the Council of the City of Philadelphia in accordance with the Tax Increment Financing Act of July 11, 1990, (P.L. 465, No. 113), as amended, in the North Philadelphia Redevelopment Area, in an area generally bounded by Broad Street on the west, Oxford Street on the north, Thirteenth Street on the east, and Jefferson Street on the south; and designating the Mayor or his designee as the City's representative for purposes of meeting with the Philadelphia Authority for Industrial Development, pursuant to Section 5(a)(2) of the Tax Increment Financing Act.
Introduced by
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“Thank you, Madam President. I have three bills, but I do need to request a business matter with respect to a resolution. At the last Session, I introduced Resolution No. 030234 which provides for Council's agreement to participate in Progress Plaza Tax Increment Finance District, but at that vote, we did not vote on the resolution at our last Session. The resolution must be adopted before a hearing may be held on the…”
Councilman Clarke · Stated Meeting, April 25, 2003 · Apr 25, 2003 · official transcript, this passage
“It has been moved and properly seconded that the Resolution No. 030234 be put on the Final Passage Calendar for today's meeting. All in favor will indicate by saying aye. (Aye.)”
Council President Verna · Stated Meeting, April 25, 2003 · Apr 25, 2003 · official transcript, this passage
“The ayes have it, and the motion carries. Resolution No. 030234 will be placed on today's Final Passage Calendar. The Clerk will please read the title of the first bill. THE”
Council President Verna · Stated Meeting, April 25, 2003 · Apr 25, 2003 · official transcript, this passage
“The Chair thanks the Councilwoman. The Chief Clerk will please read 04/25/03 - STATED - 2ND READING AND FINAL PASSAGE the title of Resolution No. 030234. THE”
Councilwoman Verna · Stated Meeting, April 25, 2003 · Apr 25, 2003 · official transcript, this passage
“It has been moved and properly seconded that Resolution No. 030234 be adopted. All in favor will indicate by saying aye. (Aye.)”
Councilwoman Verna · Stated Meeting, April 25, 2003 · Apr 25, 2003 · official transcript, this passage
“The ayes have it, and Resolution No. 030234 has been adopted. The Chief Clerk will please read the title of Resolution No. 000691. THE”
Council President Verna · Stated Meeting, April 25, 2003 · Apr 25, 2003 · official transcript, this passage
Status timeline
- Apr 10, 2003Referred · CITY COUNCIL
- Apr 10, 2003Introduced · CITY COUNCIL
- Apr 25, 2003ADOPTED · CITY COUNCIL
- Apr 25, 2003ORDERED PLACED ON THIS DAY`S CALENDAR · CITY COUNCIL
Official documents
Documents open on the City of Philadelphia’s legislative site.
Full text
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..Title Agreeing to participate in the "Progress Plaza Tax Increment Financing District," if it should be created by the Council of the City of Philadelphia in accordance with the Tax Increment Financing Act of July 11, 1990, (P.L. 465, No. 113), as amended, in the North Philadelphia Redevelopment Area, in an area generally bounded by Broad Street on the west, Oxford Street on the north, Thirteenth Street on the east, and Jefferson Street on the south; and designating the Mayor or his designee as the City's representative for purposes of meeting with the Philadelphia Authority for Industrial Development, pursuant to Section 5(a)(2) of the Tax Increment Financing Act. ..Body WHEREAS, The Philadelphia Authority for Industrial Development ("PAID") proposes that the Progress Plaza Tax Increment Financing District ("District") be created by City Council to encourage the development of an urban mixed retail and office complex with the potential for residential construction in the North Philadelphia Redevelopment Area; and, WHEREAS, PAID has submitted to Council a tentative project plan for the proposed District and has proposed to Council that the boundaries of the proposed District be generally Broad Street on the west, Oxford Street on the north, Thirteenth Street on the east, and Jefferson Street on the south; and, WHEREAS, Section 5(a)(7) of the Tax Increment Financing Act of July 11, 1990 (P.L. 465, No. 113), as amended, requires the governing body of a municipality within the boundaries of a proposed tax increment district to agree, by ordinance or resolution, to participate in whole or in part in the tax increment district and to adopt such resolution before adopting the ordinance which will create the tax increment district; and, WHEREAS, The Council of the City of Philadelphia desires to agree to participate in whole in the proposed Progress Plaza Tax Increment Financing District; and WHEREAS, Section 5(a)(2) of the Tax Increment Financing Act requires each affected municipality to designate a representative to meet with the authority proposing the tax increment district to discuss the project plan and tax increment financing, and to notify the authority of its designated representative; now, therefore, RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, THAT the City Council agrees to participate, in whole, in the proposed "Progress Plaza Tax Increment Financing District" if it should be created by the Council of the City of Philadelphia in accordance with the Tax Increment Financing Act of July 11, 1990 (P.L. 465, No. 113), as amended, in the North Philadelphia Redevelopment Area, in an area generally bounded by Broad Street on the west, Oxford Street on the north, Thirteenth Street on the east, and Jefferson Street on the south. RESOLVED FURTHER THAT the Mayor or his designee is hereby designated as the City's representative for purposes of meeting with the Philadelphia Authority for Industrial Development ("PAID") pursuant to Section 5(a)(2) of the Tax Increment Financing Act. The Chief Clerk shall deliver a copy of this Resolution to PAID so as to notify PAID of that designation as required by such Section 5(a)(2). ..End